Hartford Mutual Fund Quote

HADAX -  USA Fund  

USD 31.12  0.66  2.08%

Market Performance
0 of 100
Odds Of Distress
Less than 3
Hartford Balanced is trading at 31.12 as of the 18th of May 2022; that is -2.08 percent decrease since the beginning of the trading day. The fund's open price was 31.78. Hartford Balanced has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Hartford Balanced Hls are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of June 2020 and ending today, the 18th of May 2022. Click here to learn more.
The funds sub-adviser, targets an allocation between 50 percent and 70 percent of the funds net assets in equity securities and 30 percent to 50 percent of funds net assets in debt securities and cash instruments. Hartford Balanced is traded on NASDAQ Exchange in the United States.. More on Hartford Balanced Hls

Hartford Balanced Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Hartford Balanced's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hartford Balanced or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Hartford Balanced generated a negative expected return over the last 90 days
The fund retains about 28.41% of its assets under management (AUM) in fixed income securities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Hartford Balanced's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
Beta In Three Year1.13
Startdate1st of May 2017
Hartford Balanced Hls [HADAX] is traded in USA and was established 18th of May 2022. The fund is listed under Allocation--50% to 70% Equity category and is part of Hartford Mutual Funds family. Hartford Balanced Hls currently has accumulated 2.21 B in assets under management (AUM) with minimum initial investment of 0. , while the total return for the last 3 years was 6.99%.
Check Hartford Balanced Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Hartford Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Hartford Balanced , and the less return is expected.

Top Hartford Balanced Hls Constituents

Hartford Balanced Target Price Odds Analysis

What are Hartford Balanced's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Hartford Balanced jumping above the current price in 90 days from now is about 99.0%. The Hartford Balanced Hls probability density function shows the probability of Hartford Balanced mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Hartford Balanced Hls has a beta of -0.1165. This usually indicates as returns on benchmark increase, returns on holding Hartford Balanced are expected to decrease at a much lower rate. During the bear market, however, Hartford Balanced Hls is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Hartford Balanced Hls is significantly underperforming DOW.
  Odds Below 31.12HorizonTargetOdds Above 31.12
1.41%90 days
 31.12 
98.55%
Based on a normal probability distribution, the odds of Hartford Balanced to move above the current price in 90 days from now is about 99.0 (This Hartford Balanced Hls probability density function shows the probability of Hartford Mutual Fund to fall within a particular range of prices over 90 days) .

Hartford Balanced Hls Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hartford Balanced market risk premium is the additional return an investor will receive from holding Hartford Balanced long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hartford Balanced. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Hartford Balanced's alpha and beta are two of the key measurements used to evaluate Hartford Balanced's performance over the market, the standard measures of volatility play an important role as well.

Hartford Balanced Against Markets

Picking the right benchmark for Hartford Balanced mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hartford Balanced mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hartford Balanced is critical whether you are bullish or bearish towards Hartford Balanced Hls at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hartford Balanced without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing Hartford Balanced Hls

You need to understand the risk of investing before taking a position in Hartford Balanced. The danger of trading Hartford Balanced Hls is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hartford Balanced is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hartford Balanced. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hartford Balanced Hls is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. Note that the Hartford Balanced Hls information on this page should be used as a complementary analysis to other Hartford Balanced's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Hartford Balanced Hls price analysis, check to measure Hartford Balanced's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hartford Balanced is operating at the current time. Most of Hartford Balanced's value examination focuses on studying past and present price action to predict the probability of Hartford Balanced's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hartford Balanced's price. Additionally, you may evaluate how the addition of Hartford Balanced to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Hartford Balanced's value and its price as these two are different measures arrived at by different means. Investors typically determine Hartford Balanced value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Balanced's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.